01:01:35 EDT Wed 05 Aug 2026
Enter Symbol
or Name
USA
CA



Traction Uranium Corp (3)
Symbol TRAC
Shares Issued 9,361,037
Close 2026-08-04 C$ 0.90
Market Cap C$ 8,424,933
Recent Sedar+ Documents

Traction releases Aurora airborne survey results

2026-08-04 19:23 ET - News Release

Mr. Jared Suchan reports

TRACTION URANIUM REPORTS MULTIPLE RADIOMETRIC ANOMALIES FROM AIRBORNE SURVEY AT THE AURORA URANIUM PROJECT

Traction Uranium Corp. has released the results of the property-wide high-resolution airborne radiometric and magnetic survey at the Aurora uranium project, located in Saskatchewan's Athabasca basin region. The survey identified multiple radiometric anomalies interpreted as potentially related to uranium-bearing sources, including several positioned adjacent to or down-ice of prospective basement features previously identified by Cosa Resources Corp., the underlying owner and operator of Aurora.

The survey was completed by Calgary-based Special Projects Inc. (SPI) under Cosa's direction and was fully financed by Traction. Traction holds an option to acquire up to an 80-per-cent interest in Aurora from Cosa, subject to satisfying certain earn-in requirements (please see the company's news release dated Feb. 11, 2026).

Flown at 50-metre line spacing, the survey produced high-resolution radiometric and magnetic data sets across the project. Several identified radiometric anomalies are adjacent to or down-ice of prospective basement features previously identified by Cosa. The new magnetic data support a higher-resolution interpretation of basement geology. When integrated with the VTEM (versatile time domain electromagnetic) and airborne gravity-gradient surveys completed by Cosa in 2024, the current survey has identified or upgraded several areas for follow-up. Ground truthing of selected radiometric anomalies is planned to validate the airborne survey results and assist with target prioritization.

"These results move Aurora from survey acquisition into target refinement," said Jared Suchan, chief executive officer of Traction. "We can now assess the radiometric anomalies against the geophysical features previously defined across the project. Our immediate focus is to validate the priority anomalies and complete the integrated interpretation needed to refine targets for a follow-up drill program."

Qualified person

Jared Suchan, PhD, PGeo, chief executive officer and director of the company, and a qualified person within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical contents of this news release.

For a discussion of the company's QA/QC (quality asssurance/quality control) and data verification processes and procedures, please see its most recently filed technical report, a copy of which may be obtained under the company's profile on SEDAR+.

About Traction Uranium Corp.

Traction is in the business of mineral exploration and the development of discovery prospects in Canada, including its uranium project in the world-renowned Athabasca region. The company invites you to find out more about its exploration-stage activities across Canada's Western region on its website.

About Cosa Resources Corp.

Cosa Resources is a Canadian uranium exploration company operating in Northern Saskatchewan. Its portfolio comprises roughly 237,000 hectares across multiple 100-per-cent-owned and Cosa-operated joint venture projects in the Athabasca basin region, all of which are underexplored, and the majority reside within or adjacent to established uranium corridors.

Cosa's award-winning management team has a long record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy's Hurricane deposit. In addition to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison's Gryphon deposit, and held key roles in the founding of both NexGen and IsoEnergy.

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